If you have enough equity in your home to cover a recorded tax lien, to keep your home you must pay that tax. Hereâs how bankruptcy helps.
Chapter 7 vs. Chapter 13–If You Owe Both Newer and Older Income Taxes
If you owe more than 1 year of income taxes, some may be dischargeable and some may not. What happens if you owe both kinds?
Chapter 7 vs. Chapter 13–Newer Income Taxes
Income tax debts that can’t be written off must be paid, either after a Chapter 7 case or during a Chapter 13 one.
Chapter 7 vs. Chapter 13–Older Income Taxes
Income tax debts can be written off when meeting certain conditions, mostly by being old enough. Here’s what happens in Chapter 7 and 13.
Chapter 7 vs. Chapter 13–More about Your Vehicle Loan
The second scenario, the Chapter 13 solution for keeping a vehicle if you’re behind on payments.
Should You Sell Your Home Because You’re Behind on Income Taxes?
If you owe a bunch of income taxes, and have a tax lien on your home, it’s tempting to try to fix everything by selling your home.
How Bankruptcy Helps With a Recorded Income Tax Lien that Attaches to No Equity
A tax lien recorded against your home hurts even if the home has no equity. A Chapter 13 bankruptcy can often get rid of such tax liens.
How Bankruptcy Handles The Threat of a Recorded Income Tax Lien
The IRS or state recording a tax lien can be very damaging in many ways. Bankruptcy can prevent that damage.
Newer Income Tax Debt in Bankrutpcy
Bankruptcy does not writes off newer income taxes, but Chapter 7 and Chapter 13 both still have ways of helping.
Income Tax Debt in Bankruptcy
Bankruptcy writes off income taxes, if they meet certain conditions. These conditions are relatively, but not completely, straightforward.
Special Home-Saving Tools in Bankruptcy – Part 1 – property tax and income tax liens
Save your home by catching up on real property taxes and securing the release of recorded income tax liens.
Giving Thanks for Chapter 13 Tools During Thanksgiving Week
Chapter 13 protects you from collection of back child/spousal support and income taxes, & can save you a ton of money on your vehicle loan.
What Is Chapter 13 Bankruptcy?
Chapter 13 is a creative and flexible way to deal with your debts, often much more powerfully that a Chapter 7 “straight bankruptcy” can.
How Can I Write Off All Tax Debts Through Smart Planning?
Income taxes can be legally written off in bankruptcy under the right conditions. With careful planning, you can meet those conditions.
October Tax Season: If My Ex-Spouse Owes Income Taxes Am I Liable, Too?
You’re usually completely liable on jointly filed taxes, regardless of a divorce decree saying youâre not. But the IRS may give you relief.